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Wolverine World Wide veteran joins Neiman Marcus as COO/CFO


A Wolverine World Wide executive is joining the Neiman Marcus Group as executive VP, COO and CFO.

Donald T. Grimes will succeed Jim Skinner, who will continue to be part of the company’s management team in the newly created role of vice chairman, Neiman Marcus Group.

Grimes, 52, joins Neiman Marcus Group from Wolverine World Wide Inc., where he was senior VP, CFO and treasurer. Prior to Wolverine, Grimes held leadership and executive level positions at Keystone Automotive Operations and Brown-Forman Corporation. He started his career with Coopers & Lybrand. Grimes will be responsible for finance, accounting, investor relations, tax, legal, distribution and fulfilment, and properties.

“Don is an excellent choice to serve as our new COO and CFO,” said Karen Katz, president and CEO of Neiman Marcus. “He brings impressive and extensive leadership experience in operations, strategy and corporate finance, including M&A and international. Along with his vast experience, keen intelligence and ability to produce results, Don brings a balance of pragmatism and creativity — essential qualities for transforming our business and envisioning its future. He will be a great addition and complement to an already accomplished NMG management team.”

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